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North Shore Uranium Ltd NSU


Primary Symbol: V.NSU

North Shore Uranium Ltd. is a Canada-based company, which is engaged in the exploration for uranium deposits at the eastern margin of Saskatchewan’s Athabasca Basin. The Company conducts its exploration programs on its two properties, the Falcon Property and the West Bear Property. The Falcon Property is located approximately 35-kilometer (km) east of the former Key Lake Mine and the active Key Lake uranium mill which processes ore from the McCarthur River Mine. The West Bear property consists of five mineral claims totaling 4,511 hectares located at the eastern edge of the Athabasca Basin which hosts two producing uranium mines.


TSXV:NSU - Post by User

Post by continuity1on May 29, 2018 2:10am
140 Views
Post# 28091911

think about it

think about itI see many outcomes for Bisha postulated, they all include a rather cavalier attitude that some buyer will strike a deal and assume an ownership role in Bisha and proceed from there without a thought to  perhaps consider the opinion or desire of the State of Eritrea. Trust me, I don't care who buys Bisha or what complex structuring it involves, if Eritrea does not want you in their country, guess what, you are not going to enter their country and you can kiss your money goodbye. The working relationship between Nevsun and the State of Eritrea did not just happen overnight and is much more complex than many suitors may care to mire themselves in. For the moment Bisha serves a significant purpose, it is the only revenue stream for Nevsun and appears to be capable of financing Nevsun immediate needs, the bigger question is while the jockeying for position plays out, what is the real Nevsun end game?
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